Following is an excerpt from a report in Business Standard.

Topping the lists of the prospective investors is Gokul Agrawal of CTC Education Pvt Ltd who intends to invest Rs 6000 crore over five years in developing a 1000-acre knowledge city.

In the higher education sector, Silicon University of the Silicon Valley Group has proposed to set up its campus in the state at a cost of Rs 300 crore. Investments would also be pouring in for the state’s hospitality sector with the US-based Best Western Hotel lining up a Rs 100-crore investment plan for setting up a chain of properties at Bhubaneswar, Paradip, Chilka and Jharsuguda.

Land could become an issue with respect to the proposed knowledge city. A city/town/community that may want such a knowledge city which, I am told, would include multiple universities could offer help in the land part. They should of course first investigate if the group really has that much money and if their plan is for real.